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r <br /> 3. To keep all buildings now or hereafter erected on the Property described herein <br /> continuously insured against loss by fire or other hazards in an amount not less than the total <br /> debt secured by this Deed of Trust. All policies shall be held by the Beneficiary, and be in such <br /> companies as the Beneficiary may approve and have loss payable first to the Beneficiary, as its <br /> interest may appear, and then to the Grantor. Except as otherwise set forth in the HOME <br /> Agreement or the Note, the amount collected under any insurance policy may be applied upon <br /> any indebtedness hereby secured in such order as the Beneficiary shall determine. Such <br /> application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose <br /> this Deed of Trust. In the event of foreclosure, all rights of the Grantor in insurance policies <br /> then in force shall pass to the purchaser at the foreclosure sale. <br /> 4. To defend any action or proceeding purporting to affect the security hereof or the <br /> rights or powers of Beneficiary or Trustee, and to pay all costs and expenses, including cost of <br /> title search and attorneys' fees in a reasonable amount, in any such action or proceeding, and <br /> in any suit brought by Beneficiary to foreclose this Deed of Trust. <br /> 5. To pay all costs, fees and expenses in connection with this Deed of Trust, including <br /> the expenses of the Trustee incurred in enforcing the obligations secured hereby and Trustee's <br /> and attorneys' fees actually incurred, as provided by statute. <br /> 6. Should Grantor fail to pay when due any taxes, assessments, insurance premiums, <br /> liens, encumbrances or other charges against the Property hereinabove described, Beneficiary <br /> may pay the same, and the amount so paid, with interest at the rate set forth in the note <br /> secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust. <br /> IT IS MUTUALLY AGREED THAT: <br /> 1. Except as otherwise set forth in the HOME Agreement or the Note, in the event any <br /> portion of the Property is taken or damaged in an eminent domain proceeding, the entire <br /> amount of the award or such portion as may be necessary to fully satisfy the obligation secured <br /> hereby, shall be paid to Beneficiary to be applied to said obligation. <br /> 2. By accepting payment of any sum secured hereby after its due date, Beneficiary <br /> does not waive its right to require prompt payment when due of all other sums so secured or to <br /> declare default for failure to so pay. <br /> 3. The Trustee shall reconvey all or any part of the Property covered by this Deed of <br /> Trust to the person entitled thereto on written request of the Grantor and the Beneficiary, or <br /> upon satisfaction of the obligation secured and written request for reconveyance made by the <br /> Beneficiary or the person entitled thereto. <br /> 4. Upon default by Grantor in the payment of any indebtedness secured hereby or in <br /> the performance of any agreement contained herein, all sums secured hereby shall immediately <br /> become due and payable in accordance with the loan documents (at the option of the <br /> Beneficiary). In such event and upon written request of Beneficiary, Trustee shall sell the trust <br /> Property, in accordance with the Deed of Trust Act of the State of Washington, at public auction <br /> to the highest bidder. Any person except Trustee may bid at Trustee's sale. Trustee shall <br /> apply the proceeds of the sale as follows: (1) to the expense of the sale, including a reasonable <br /> B-2 <br /> i1 <br /> ti.) <br />